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Flex Industrial Property with Tower
For Sale
$495,000

521 N Gun Barrel Lane, Gun Barrel City, TX 75156

Dual-structure flex property in Gun Barrel City includes an air-conditioned office, warehouse-garage, generator power, and direct fiber.

Property Size2,400 SF
Price / SF$206.25
Days on Market30

Property Features for 521 N Gun Barrel Lane

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial
Zoning commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

communications tower
35kW industrial generator
direct fiber connectivity

Building Details

Building Size 2,400 SF
Year Built 2004
Year Renovated 2023
Stories 1
Units 2
Listing Agency: Ebby Halliday Realtors
Listed By: Kim Conaway · License #0826086
Source: 1111brokerage
Added: Jul 26 Changed: Aug 23 Last Checked: Aug 23 at 4:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ebby Halliday Realtors

Investment Insights

Based on property information with market context.

This flex industrial property in Gun Barrel City, TX features a dual-structure layout designed for both administration and operations. An 800 sq. ft. air-conditioned office supports on-site business needs, while a 1,600 sq. ft. warehouse-garage added in 2023 provides space for heavy-duty work, equipment storage, or fleet management. The site also includes a 100-foot self-supporting communications tower and pre-installed direct fiber connectivity, along with a heavy-duty 35kW industrial generator intended to support uninterrupted operation.

The property is positioned on the main road just off Hwy 175, with access and visibility intended for tech and commercial users serving the broader DFW area. As described in the offering, it is located about 1 hour from downtown Dallas.

For buyers seeking an income-ready, utility-forward setup, the combination of tower, fiber connectivity, generator power, and existing office and warehouse-garage improvements is presented as a turnkey configuration intended to reduce setup and permitting time for qualifying communications and service applications.

Key Highlights

  • Dual‑structure flex property in Gun Barrel City with 800 SF air‑conditioned office and 1,600 SF warehouse‑garage
  • 1,600 SF warehouse‑garage added in 2023 for heavy‑duty operations, equipment storage, or fleet management
  • 100‑foot self‑supporting communications tower on site for telecom or data service providers

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,272
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$505,440 $505.4K
Cap Rate 7%
$361,029 $361.0K
Cap Rate 9%
$280,800 $280.8K
Market Conditions
NOI Build-Up for 2,400 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.2K $18.00/SF
− Vacancy
−$4.3K −$1.80/SF
EGI
$38.9K $16.20/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$25.3K $10.53/SF
Area
Henderson County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$505,440
Cap Rate 7%
$361,029
Cap Rate 9%
$280,800

Alternative Uses

Best Use
Flex RnD
$361.0K
$315.9K – $421.2K (±1% cap)
NOI $25,272 @ 7.0% cap · market cap 5.11%
Second Best
Warehouse
$213.5K
$186.9K – $249.1K (±1% cap)
NOI $14,948 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$844.3K
$738.7K – $985.0K (±1% cap)
NOI $59,098 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wicked Pit BBQ Bbq Area

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Pharmacy Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75156, TX

15,708
Population
8,969
Households
1.8
Avg Household Size
48
Median Age
17%
College-Educated
86%
High-School Grad
32.1 sq mi
ZIP Area
489
Density / Sq Mi
$59,303
Median Household Income
$35,316
Median Earnings
$932
Median Rent
$209,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Dual-structure flex property in Gun Barrel City includes an air-conditioned office, warehouse-garage, generator power, and direct fiber.
Where is this flex space located?
The property is located at 521 N Gun Barrel Lane Gun Barrel City, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Dual‑structure flex property in Gun Barrel City with 800 SF air‑conditioned office and 1,600 SF warehouse‑garage; 1,600 SF warehouse‑garage added in 2023 for heavy‑duty operations, equipment storage, or fleet management; 100‑foot self‑supporting communications tower on site for telecom or data service providers
More about this property
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